BlockchainBrad: Algorand Update 2.0 | Frictionless Finance FinTech | Permissionless Pure PoS Blockchain Protocol
Today I spoke with Algorand's COO & CPO for an exclusive update. Algorand is a technology company that built and developed the world’s first open, permissionless, pure proof-of-stake blockchain protocol that, without forking, provides the necessary security, scalability, and decentralization needed for today’s economy. They enable traditional finance and decentralized financial businesses to embrace the world of frictionless finance. In 2021, big things are happening for Algorand. Don't just watch it all unfold, get amongst it!
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Timestamps:
00:00 Introduction to Algorand
00:55 What is Algorand? and why does it matter?
04:00 The team behind Algorand
06:07 Key assets of Algorand
07:28 ASC1 - Algorand Smart Contracts; why they are unique
10:24 Getting recognition for the underlying tech of Algorand
11:36 ASA - Algorand Standard Assets
14:00 Compatibility with other Layer-1s
16:51 Positioning Algorand across DeFi and CeFi: This is important!
20:26 Collaboration with other Layer-1s: forging interconnected tech relationships
23:28 Atomic transfers
25:02 Re-keying in Layer-1
29:02 Partnerships, applications and sales
32:34 Real-world applications of Algorand. So many startups building on Algorand
34:08 Difference between protocol and revenue
37:14 Staking and rewards
39:54 Building the toolbox for Algorand
42:59 Algorand is 100% open source.
43:59 Forking and Vampire attacks: discussion the tech benefits of Algorand
46:08 Regulated in the US; discussing compliance and Reg.
47:25 Anybody can participate in Algorand. That's the beauty of it.
50:19 Mzaalo, Marshall Islands and much more
53:33 Recent announcements/developments/intergrations
57:58 Marketing and growth
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Links:
Website: https://www.algorand.com/
telegram: https://t.me/algorand
Twitter: https://twitter.com/Algorand
Facebook: https://www.facebook.com/algorand/
Youtube: https://www.youtube.com/algorand
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►Join The BCB Tele https://t.me/BlockchainBradCommunity
► Follow on twitter: https://twitter.com/Brad_Laurie
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PAYMENT/DONATION DISCLOSURE:
This was free content. I have not received financial compensation for doing this video.
INVESTMENT DISCLOSURE:
I have no investment in ALGO at this time, but I am considering buying ALGO
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GENERAL DISCLAIMER:
The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner.
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